Asset Protection Planning Which United States jurisdictions allow for the creation of asset protection trusts? Domestic asset protection trusts are permitted under the laws of Alaska, Delaware, Hawaii, Missouri, Nevada, New Hampshire, Ohio, Oklahoma, Rhode Island, South Dakota, Tennessee, Utah,…
7 Mistakes People Make When Choosing a Financial Advisor Choosing a financial advisor is a major life decision that can determine your financial trajectory for years to come. A 2020 Northwestern Mutual study found that 71% of U.S. adults admit…
Succession Planning vs. Estate Planning – Why They Are Both Important Vancouver Business Journal One of the biggest misconceptions is that estate planning and succession planning are one in the same Succession plans are critical to the sustainability of a…
Don’t Be Like Johnny Depp, Get a Prenup Kelli B. Grant@KELLIGRANT.MONEY@KELLIGRANT Not having a prenuptial agreement can be a costly mistake — not just for Johnny Depp, but for you as well. Depp, 52, and his wife of just 15…
What if your inheritance turns out to be just a pile of bills? Published: March 17, 2018 at 3:25 p.m. ET By Liz Weston What if your inheritance turns out to be just a pile of bills? Debt collectors are…
Prenuptial Agreements: What Is A Prenup And Should I Get One? By Nicole Spector When two people get married, they’re not just uniting their bodies, hearts and souls; they’re also joining their financial assets. It’s a terribly unromantic fact — and probably the…
Family of Steve McNair dividing up estate despite lack of signed will. Updated: Mar. 28, 2019, 2:55 p.m. | Published: Jul. 29, 2009, 9:53 p.m. By The Associated Press Steve McNair, a former NFL quarterback with the Houston Oilers, Tennessee Titans,…
Once You Create a Living Trust, Don’t Forget to Fund It Your real estate holdings, life insurance, bank accounts and retirement savings won’t magically flow into your trust. You have to put them there. Failure to do so could mean…
Planning for Retirement Assets in Your Estate Plan To be tax efficient, which types of assets should you live off of in retirement, and which should you plan on passing down? There’s a bit of art to the equation, and…
Make Your Estate Creditor-Proof Here's how to ensure assets go to your heirs by Lynnette Khalfani-Cox, AARP, July 30, 2015 Ensure your assets go to directly to your loved ones instead of through probate. When you pass away, the tax man isn't the only…